Settings8H · net · $10k
Funding arb · Price arb /

MUBARAK

all MUBARAK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0502%/8h= +55.0% APRnext payment +$2.51 per $10,000 · paid last 24h +0.161%
Price spread now: KuCoin against Bybit+0.584%7-day average +0.093% · you sell dearer than you buy
Net, funding: paid 7d − costs−$189as in the Funding arb table
Net, price: spread back to 7d avg − costs−$168as in the Price arb table
costs, in and out, $10k−$2172.167% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.280%+$28 on $10k
Price spread, last 7 days−0.597%−$60 · spread now +0.584%, 7d avg +0.093%
Together, before fees−0.317%−$32 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and KuCoin is 0.492% dearer against Bybit than usual: you sell high and buy low: +$49 more if the spread goes back to its 7-day average of +0.093%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.280% in total (about 14.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.51 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit MUBARAKUSDT0.055110.0494pay 0.0247% / 4h2h 11m$4.9M$19.3M25x
ShortKuCoin MUBARAKUSDTM0.055430.0996get 0.0498% / 4h2h 11m$2.7M$2.3M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Bybit. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$105.49
Price spread: +0.584% → +0.093%
$49.16
Slippage, 4 orders
−$193.75
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$62.1
Costs to cover
2.167%
Break-even
11.1 days
Slippage from Bybit: live order book, 2 min ago; KuCoin: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 2 min ago4.39 bp37.6 bp −$38133.2 bp −$1,332doesn't fitdoesn't fit
Sell KuCoin live order book, 6 min ago8.28 bp52.2 bp −$52535.8 bp −$5,358doesn't fitdoesn't fit

MUBARAK on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_MUBARAKUSD−0.0841%1h0.05481−0.533%$73K$581K10xas long as short
OKX MUBARAK-USDT-SWAP+0.0100%4h0.05507−0.065%$3.9M$95.4M20xas long as short
Variational Omni MUBARAK+0.0100%4h0.05375−2.465%$11K$63Kas long as short
MEXC MUBARAK_USDT+0.0432%4h0.05497−0.250%$1.4M$2.0M50xas long as short
Binance MUBARAKUSDT+0.0439%4h0.05513+0.036%$23.3M$150.2M25xas long as short
Bybit MUBARAKUSDTlong+0.0494%4h0.05511long leg$4.9M$19.3M25x
BingX MUBARAK-USDT+0.0502%4h0.05511+0.004%$3.8Mas long as short
Bitget MUBARAKUSDT+0.0524%4h0.05510−0.015%$3.8M$13.2M25xas long as short
Aster MUBARAKUSDT+0.0556%4h0.05513+0.047%$12K$671K5xas long as short
KuCoin MUBARAKUSDTMshort+0.0996%4h0.05543+0.584%$2.7M$2.3M30x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate MUBARAK_USDT+0.2398%4h0.05503−0.142%$9.5M$8.8M50xas long as short